What happened to Ingenico Payment Services?
In February 2020, financial services company Worldline announced it was acquiring Ingenico. Ogone was a Belgium-based online payment service provider and payment risk management company that has been part of Ingenico since 2013. After the acquisition, Ingenico renamed the business Ingenico Payment Services.
What is Ingenico doing to expand its retail channel?
In October 2017, Ingenico expanded its direct-to-retail channel in Spain with the acquisition of IECISA Electronic Payment System. In December 2017, Ingenico acquired Airlink to expand its Asian reach. In August 2019, Ingenico Group has partnered with IKEA to facilitate digital payments on the retailer's ecommerce platform in India.
What is Ingenico’s Pennies technology?
In 2011, Ingenico integrated Pennies, the electronic charity box, into one of their mobile Chip and PIN payment terminals, allowing retailers to use the Pennies technology so their customers can add a micro-donation (1p-99p) to their bill when paying by card.
Is Ingenico owned by worldline?
In December 2017, Ingenico acquired Airlink to expand its Asian reach. In August 2019, Ingenico Group has partnered with IKEA to facilitate digital payments on the retailer's ecommerce platform in India. In February 2020, financial services company Worldline announced it was acquiring Ingenico.
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How has Ingenico Group - GCS's stock price performed in 2022?
Ingenico Group - GCS's stock was trading at $122.5370 at the beginning of 2022. Since then, INGIF stock has increased by 0.0% and is now trading at...
Who are Ingenico Group - GCS's key executives?
Ingenico Group - GCS's management team includes the following people: Mr. Michel-Alain M. Proch , Chief Financial Officer (Age 50) Ms. Paula Fel...
Who are some of Ingenico Group - GCS's key competitors?
Some companies that are related to Ingenico Group - GCS include A2B Australia (A2B) , Affinion Group (AFGR) , ALS (ALQ) , Brambles (BMBLF) , B...
What is Ingenico Group - GCS's stock symbol?
Ingenico Group - GCS trades on the OTCMKTS under the ticker symbol "INGIF."
How do I buy shares of Ingenico Group - GCS?
Shares of INGIF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
What is Ingenico Group - GCS's stock price today?
One share of INGIF stock can currently be purchased for approximately $122.54.
How many employees does Ingenico Group - GCS have?
Ingenico Group - GCS employs 8,000 workers across the globe.
What is Ingenico Group - GCS's official website?
The official website for Ingenico Group - GCS is www.ingenico.com .
How can I contact Ingenico Group - GCS?
The company can be reached via phone at 33 1 58 01 80 00 .
When did Ingenico buy Ogone?
With the addition of the EBS customer-base, Ogone became one of the world's "largest" payment services. On 29 January 2013, Ingenico announced an agreement for the acquisition of Ogone. A share purchase agreement for the acquisition was executed two months later for 360 million euro.
Where is Ingenico located?
Ingenico was founded in France by Jean-Jacques Poutrel and Michel Malhouitre in 1980. It is headquartered in Bezons . In 2008, after the merging with The Ingenium Group, Ingenico closed its R&D centre in Barcelona. This centre developed Ingenico's family of EFTPOS (Electronic funds transfer at point of sale).
Is Ingenico a cash and stock?
As expected, Ingenico continues to generate robust amounts of free cash flow. This caught the attention of Worldline which made a move to acquire Ingenico in a cash-and-stock offer, which appears to be fair. Ingenico is trading at a discount to the acquisition offer by Worldline.
Is Ingenico a French company?
Ingenico is a French company and its listing on Euronext Paris clearly is the most liquid trading venue. The average daily volume is around half a million shares per day, and the current market capitalization is approximately 6.4B EUR based on a net share count of approximately 62M shares.
What happened
Intel ( INTC -0.09% ) stock crashed in Friday morning trading, down 5.6% as of 11:55 a.m. ET after the company held an investor meeting to lay out its "2022 and long-term growth strategy."
Now what
This bleak short-term view is the most likely reason Intel stock is selling off Friday.
